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blogs.wsj.com
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Emily White, the chief operating officer of Snapchat, has left after less than two years with the fast-rising ephemeral messaging app. White came to Snapchat from Facebook at the end of 2013 to help run the day-to-day operations of Snapchat and build out its fledgling business model.

marketwatch.com
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Twitter Inc. has quietly purchased Periscope, which had been developing a live-video streaming app, according to people familiar with the matter. The social-media company paid slightly less than $100 million, these people said, an amount that would make Periscope one of Twitter's more expensive purchases.

wsj.com
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Twitter Inc. has quietly purchased Periscope, which had been developing a live-video streaming app, according to people familiar with the matter. The social-media company paid slightly less than $100 million, these people said, an amount that would make Periscope one of Twitter's more expensive purchases. The deal involved a mix of cash and...

wsj.com
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Fab.com was supposed to be a billion-dollar e-commerce juggernaut. It had early traction, blue-ribbon backers and hundreds of millions of dollars in financing. Instead, Fab stands as a cautionary tale for the latest generation of highflying Internet startups. On Tuesday, PCH, an Irish electronics contract manufacturer, said it had...

blogs.wsj.com
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Fab.com was supposed to be a billion-dollar e-commerce juggernaut. It had early traction, blue-ribbon backers and hundreds of millions of dollars in financing. Instead, Fab stands as a cautionary tale for the latest generation of high-flying Internet startups. On Tuesday, PCH International, an Irish electronics contract manufacturer, said it acquired the Fab.com website and two offices in New York and India.

blogs.wsj.com
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After speaking about the risks of "cramming" too much money in startups at the Goldman Sachs technology conference last week, venture capitalist Bill Gurley exited the stage. More than a dozen investors swarmed the lanky partner of Benchmark, eager to speak with him- but few were planning to heed the venture capitalist's advice.

law.berkeley.edu
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Reuters recently published an analysis of Prof. Robert Bartlett's paper " Do Institutional Investors Value the 10b-5 Private Right of Action? Evidence from Investor Trading Behavior Following Morrison v. National Australia Bank Ltd. ", in which he asserts that there is an apparent gap between institutional investors' adamant advocacy for shareholder class actions and their actual trading decisions.

wsj.com
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When Gil Penchina decided to invest $25,000 in Beepi Inc., a two-year-old online buyer and seller of used cars, he fired off an email asking other people if they wanted to get in on the deal. Within a day, he rounded up a total of $2.8 million from nearly 100 investors-and rejected 300 more.

efinancialnews.com
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Music streaming service Spotify is working with Goldman Sachs on a new round of private fundraising, potentially putting off an initial public stock offering for another year, said people familiar with the matter.

wsj.com
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Paul Ekman, perhaps the world's most famous face reader, fears he has created a monster. The 80-year-old psychologist pioneered the study of facial expressions in the 1970s, creating a catalog of more than 5,000 muscle movements to show how the subtlest wrinkling of the nose or lift of an eyebrow reveal hidden emotions.